Industry News Update – Week of 12/10/2018:

Last week, Lyft and Uber filed documents for their IPO confidentially.

Looker's valuation increased to $1.6 billion after the company raised $103 million.

Slack hired Goldman Sachs as its lead underwriter for its upcoming IPO.

Human Longevity's valuation fell by roughly 80% to $310 million after the company planned to raise $25 million in its latest funding round.

Machine Zone (MZ) hired Dan Nash as its CFO. Nash was previously the Managing Director and Head of Internet Investment Banking at Wells Fargo and the Director of Internet Investment Banking at Merrill Lynch.

The news articles and links presented below are available for your reference.


“Genomics Startup Human Longevity’s Valuation Falls 80%"


"Looker Snags $103 Million Investment on $1.6 Billion Valuation"


"Lyft Files Confidential Plans for an IPO"


"Dan Nash Joins MZ as Chief Financial Officer"


"Slack Said to Tap Goldman Sachs to Lead IPO"


"Uber Files Confidentially for IPO"